Capnography Equipments Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the capnography equipment market was USD 333.8 million in 2022, and a CAGR of 4.8% is expected during the forecast period. Capnography equipment is traditionally used in the operation of the heart for patients under deep anesthesia. With the increasing number of critical patients worldwide, the market for capnography is growing with time. Increasing demand for portable or handheld capnographs is driving significant growth in the market. The improvement in healthcare infrastructure worldwide is driving the growth of the market significantly. Though limited awareness about the capnography equipment is slowing down the growth in the market significantly.

Impact of Covid-19

COVID-19 has significantly impacted the healthcare industry, including the capnography equipment market. The increasing number of cardiac patients worldwide, along with respiratory diseases, is driving the growth of the capnography equipment market significantly. Betterment in health infrastructure and technological advancements all over the world are driving the growth of this market. The impact of viruses on respiratory organs has created a big opportunity for health centers and hospitals all over the world. Rising cases of respiratory diseases and regulatory emphasis on patient safety are driving the growth of the market significantly. The trend towards home-based healthcare and remote patient monitoring is also driving the demand for portable capnographs.

Growth Drivers

The increasing prevalence of chronic diseases like asthma, COPD, and sleep apnea drives the demand for capnography devices for accurate monitoring and diagnosis. Ongoing innovations in capnography technology, including portable and wireless devices, enhance patient comfort and accessibility. Capnography is integral in anesthesia and critical care settings for monitoring patient ventilation, thus boosting the demand for these devices in hospitals. The pandemic heightened the need for respiratory monitoring devices, including capnography, leading to increased adoption in hospitals and emergency care settings. Growing emphasis on patients' safety and the need for accurate and precise respiratory monitoring systems are driving the growth of the market. The trend toward home-based healthcare and remote patient monitoring is driving the growth of the market significantly.

The increasing number of cardiac patients worldwide is driving the growth of the market. COVID-19 also played a major role in propelling the growth of the market significantly.

Segmentation

Product type

·         Mainstream

·         Sidestream

·         Microstream

Technology

·         Mainstream

·         Sidestream

·         Microstream

Component

·         Monitors

·         Disposables

·         Accessories

End-User

·         Hospitals

·         Ambulatory Surgical Centers

·         Emergency Medical Services

·         Homecare settings

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Capnography Equipment Market End-User Segmentation

On the basis of end-users, the capnography equipment market is segmented into hospitals, ambulatory surgical centers, emergency medical services, homecare settings, and others. Hospitals and clinics are the leading segment. It utilizes capnography equipment for various purposes, such as anesthesia monitoring, respiratory assessment in critical care units, and during procedural sedation. Increasingly, people are adopting capnography for its portability and efficiency in monitoring patients undergoing minor surgery procedures.

It is also utilized in pre-hospital settings for monitoring patients during transportation, especially those with respiratory issues or in critical condition. The homecare segment is a growing segment where capnographic equipment is used to monitor patients with chronic respiratory conditions in the comfort of their homes. Capnography finds application in veterinary medicine for monitoring animals under anesthesia or during critical conditions. Technological advancements and better healthcare infrastructure are driving the growth of the market.

Capnography Equipment Market Technology Segmentation

On the basis of technology, the capnography equipment market is segmented into mainstream, sidestream, microstream, and disposables. Mainstream capnography measures the carbon dioxide in exhaled air using a sensor placed at the endotracheal tube, providing real-time monitoring. Sidestream technology involves sampling the exhaled air through a small cannula or tubing, making it versatile for both intubated and non-intubated patients, though with a slight delay in readings compared to mainstream capnography. Microstream capnography is a subtype of sidestream capnography that uses a microsample flow rate, allowing for faster response time and reduced sample size, making it suitable for both adults and pediatric patients. Disposables and accessories include various components like nasal cannulas, sampling lines, filters, and adapters used in conjunction with capnography devices, contributing to the overall functionality and accuracy of the monitoring process. Increasing accuracy, reducing size, improving portability, and integrating additional features such as wireless connectivity are the features driving the growth in the market significantly. Capnography is integral in anesthesia and critical care settings for monitoring patient ventilation, thus boosting the demand for these devices in hospitals.

 Regional Outlook

 On the basis of regions, the capnography equipment market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. The capnography equipment market shows promising growth globally. North America and Europe are among the leading segments due to the increasing adoption of capnography equipment in various medical fields, especially anesthesia and critical care. Rising demand for non-invasive monitoring is driving the growth of the capnography equipment market. Advances in healthcare infrastructure and increasing awareness among people regarding their health are driving significant growth in the market. Countries like the United States, Canada, Germany, France, Italy, and England are showing significant growth in this market. The increasing number of chronic disease patients is driving the growth of the market.

Emerging economies in Asia, the Pacific, and Latin America are also witnessing growth, driven by improved healthcare facilities and increasing awareness about patient safety. Technological advancements and rapid urbanization have increased the demand for these devices in healthcare centers and hospitals. The increasing number of chronic disease patients worldwide is leading to growth in the market. India, China, Japan, and South Korea are the big markets and are witnessing moderate growth. Technological advancement and rising disposable income in developed countries are boosting the growth of the market.

Key Players

·         Medtronic plc

·         Philips Healthcare

·         Masimo Corporation

·         Smiths Medical

·         Nihon Kohedn Corporation

·         Nonin Medical

·         Welch Allyn

·         Becton Dickinson and company

·         Edwards life science corporation

·         Covidien

·         Oridion Medical

·         Other Players

Global Capnography Equipments Market research report presents a strategic analysis of the global Capnography Equipments Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Capnography Equipments revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Capnography Equipments market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Capnography Equipments Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Capnography Equipments Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Capnography Equipments revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

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·         New product development and Innovation in existing products;

·         Supply chain management;

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Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

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This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

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Regional Coverage

The report on the global Capnography Equipments Market breaks down the world into the following regions & countries and covers every single one of them:

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